Wyoming Statutes

Wyo. Stat. § 41-10-124 (2026)

Authority of district to borrow money; types of

✓ current as of May 2026

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securities permitted to evidence borrowing; exemption of
securities from taxation.

     (a) A district may borrow money and issue the following
securities to evidence such borrowing:

         (i)     Short-term notes;

          (ii)   General obligation bonds and other like
securities;

         (iii)    Revenue bonds and other like securities; and

          (iv)   Special assessment bonds and other like
securities.

     (b) Any such securities of a district shall be exempt from
taxation when owned by actual residents of the state, provided,
that the owner or owners thereof shall list the same annually on
their assessment schedule, as from time to time amended and
supplemented.

Notes of Decisions

Cited in 1 case, 2011–2011 · leading case: Mountain Cement Co. v. South of Laramie Water & Sewer Dist., 2011 WY 81 (Wyo. 2011).

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Mountain Cement Co. v. South of Laramie Water & Sewer Dist., 2011 WY 81 (Wyo. 2011). · cites it 5× “]" In turn, Wyo. Stat. Ann. § 41-10-124 (a) (LexisNexis 2009) delineates the types of securities available to a district to evidence the borrowing of money: (a) A district may borrow money and issue the following securities to evidence such borrowing: (i) Short-term notes; (ii)…”

— Wyo. Stat. § 41-10-124(a) — 1 case

Mountain Cement Co. v. South of Laramie Water & Sewer Dist., 2011 WY 81 (Wyo. 2011). “]" In turn, Wyo. Stat. Ann. § 41-10-124 (a) (LexisNexis 2009) delineates the types of securities available to a district to evidence the borrowing of money: (a) A district may borrow money and issue the following securities to evidence such borrowing: (i) Short-term notes; (ii)…”

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